GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » New Look Vision Group Inc (TSX:BCI) » Definitions » Liabilities-to-Assets

New Look Vision Group (TSX:BCI) Liabilities-to-Assets : 0.71 (As of Mar. 2021)


View and export this data going back to 1999. Start your Free Trial

What is New Look Vision Group Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. New Look Vision Group's Total Liabilities for the quarter that ended in Mar. 2021 was C$453.3 Mil. New Look Vision Group's Total Assets for the quarter that ended in Mar. 2021 was C$635.4 Mil. Therefore, New Look Vision Group's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2021 was 0.71.


New Look Vision Group Liabilities-to-Assets Historical Data

The historical data trend for New Look Vision Group's Liabilities-to-Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

New Look Vision Group Liabilities-to-Assets Chart

New Look Vision Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.64 0.61 0.59 0.72

New Look Vision Group Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.71 0.75 0.74 0.72 0.71

Competitive Comparison of New Look Vision Group's Liabilities-to-Assets

For the Specialty Retail subindustry, New Look Vision Group's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


New Look Vision Group's Liabilities-to-Assets Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, New Look Vision Group's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where New Look Vision Group's Liabilities-to-Assets falls into.



New Look Vision Group Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

New Look Vision Group's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2020 is calculated as:

Liabilities-to-Assets (A: Dec. 2020 )=Total Liabilities/Total Assets
=456.005/633.482
=0.72

New Look Vision Group's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2021 is calculated as

Liabilities-to-Assets (Q: Mar. 2021 )=Total Liabilities/Total Assets
=453.321/635.413
=0.71

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


New Look Vision Group  (TSX:BCI) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


New Look Vision Group Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of New Look Vision Group's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


New Look Vision Group (TSX:BCI) Business Description

Traded in Other Exchanges
N/A
Address
1 Place Ville-Marie, Suite 3670, Montreal, QC, CAN, H3B 3P2
New Look Vision Group Inc is an operator of retail stores in Canada. Its main business is that of eye care products and services which function under four main banners: New Look Eyewear, Greiche and Scaff, Vogue Optical, and Iris The Visual Group.

New Look Vision Group (TSX:BCI) Headlines

From GuruFocus

Aberdeen Standard Investments Reduces Fee for Commodity ETF

By PRNewswire PRNewswire 12-14-2018